Montana and Yarara | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: Montana and Yarara
Exit Attachments

Montana and Yarara

  • #41
  • Jun 30, 2011 5:20pm Jun 30, 2011 5:20pm
Quoting rcbarlow
I ignore the red and green lines printed on the chart as they repaint.
Yes, I ignore them too. And I also ignore the red and green labels "Buy" and "Sell".

I got rid of these labels and vertical lines: in "Inputs" I set "seeVerticalLine" to "false" and "Signals" to "false".
Gentlemen always play by the rules. If they can't, they change the rules.
  • #42
  • Jun 30, 2011 7:55pm Jun 30, 2011 7:55pm
Quoting monkey.fx
sorry for my bad english

why everyone looking for indicators with weird names removed from scientific dictionary
Could be one of two things:
1. They are looking for the Holy Grail (never to be found) or
2. They are looking for something that works for THEM. It may have arrows, bells, pop-ups, and even phone calls. But, if they are profitable with it, who cares?

We all trade differently and have different levels of experience. To knock something without trying it out, well, you can't speak to its effectiveness. These two indicators are pretty doggone good working together. I have learned to work around their unique qualities and make them work for me. But, after trying it, you may not like it. You seem to have a system you like and that's good. Thanks for showing us your system!

Have a good one.

Barry
  • #43
  • Jun 30, 2011 7:57pm Jun 30, 2011 7:57pm
Quoting Favorite
Has anyone here tried M-15?

I read that the system works on M-15 too (unfortunately I lost the link, it was some Russian Forex forum).
Running on 4HTF and seems to be working very well.
  • #44
  • Jun 30, 2011 10:49pm Jun 30, 2011 10:49pm
Thank you, nativetexan!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #45
  • Jun 30, 2011 10:57pm Jun 30, 2011 10:57pm
Quoting nativetexan
Could be one of two things:
1. They are looking for the Holy Grail (never to be found) or
2. They are looking for something that works for THEM. It may have arrows, bells, pop-ups, and even phone calls. But, if they are profitable with it, who cares?

We all trade differently and have different levels of experience. To knock something without trying it out, well, you can't speak to its effectiveness. These two indicators are pretty doggone good working together. I have learned to work around their unique qualities and make them work for me. But,...
Well said...
  • #46
  • Jul 1, 2011 5:55am Jul 1, 2011 5:55am
Quoting mgs1f
Repaint is caused by price action I use Yarara with AO in Metatrader and its Awsome.

if you explain how you use yours, that would help...also what tresults have you had with it..?
  • #47
  • Jul 1, 2011 6:06am Jul 1, 2011 6:06am
Quoting aserbfx
one more nice trade. got in yesterday at 0.8335, take profit was hit at 100 pips profit.

where did you enter and exit ? and why ?

do you only trade 4 hr charts...

which pairs work best with this ?
  • #48
  • Jul 1, 2011 6:11am Jul 1, 2011 6:11am
what are the best settings for these indis ?
  • #49
  • Jul 1, 2011 6:59am Jul 1, 2011 6:59am
Quoting whatfx
what are the best settings for these indis ?
I use the default settings. If somebody found the better settings - please share.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #50
  • Jul 1, 2011 9:32am Jul 1, 2011 9:32am
@whatfx

please take your time to read my post:
http://www.forexfactory.com/showthre...71#post4741371

don't try to copy someone. develop your own style.

just my 2 cents
meine augen sind die sterne
  • #51
  • Jul 1, 2011 11:38am Jul 1, 2011 11:38am
put eur/gbp on your watchlist. yarara already turned red. wait for montana to cross the 0.
filter: resistance area. bearish inverted hammer on daily. bearish engulfing on H8.
Attached Image (click to enlarge)
Click to Enlarge Name: egmz.gif Size: 27 KB
meine augen sind die sterne
  • #52
  • Jul 1, 2011 3:07pm Jul 1, 2011 3:07pm
Quoting aserbfx
@whatfx

please take your time to read my post:
http://www.forexfactory.com/showthre...71#post4741371

don't try to copy someone. develop your own style.

just my 2 cents

what makes you think i copy people ? i dont. i use my own methods and have been doing so successfully.

your post doesn't answer my question..

thanks anyway.
  • #53
  • Jul 1, 2011 3:20pm Jul 1, 2011 3:20pm
i have saved the indis on my mt4 platform..a FEW TIMES NOW..BUT NOTHING IS SHOWING UP. is there a problem with them..?
  • #54
  • Jul 1, 2011 3:30pm Jul 1, 2011 3:30pm
You have to save the indicators to the indicator folder under expert advisors. Then restart Metatrader. Look for the indicators under your "Custom Indicators". Load them on the chart from there.

Should work fine.
  • #55
  • Jul 1, 2011 6:48pm Jul 1, 2011 6:48pm
similar ,but whit difrent name and few arrow ,nothing new on radio fx
Attached Image (click to enlarge)
Click to Enlarge Name: sapucay vs coral.JPG Size: 78 KB
  • #56
  • Jul 1, 2011 7:04pm Jul 1, 2011 7:04pm
God to know but where in the heck is the Montana pulling its info from? Haven't located a similar indy any closer than the AO, but the AO is still not close enough.
  • #57
  • Jul 2, 2011 7:17am Jul 2, 2011 7:17am
MonkeyFX,

Thanks for the info about the RSI and the MACD-2. That is very close and appears to be profitable as well. I will look into it further.

Thanks
  • #58
  • Jul 2, 2011 8:15pm Jul 2, 2011 8:15pm
Quoting monkey.fx
similar ,but whit difrent name and few arrow ,nothing new on radio fx

Not sure what you are trying to prove. You have modified the settings we are using here from 5,3,2,1 to 7,2,60,1 apparently in an attempt to make it look like the THV Coral.

Have you actually traded with the system in the original format?

Thanks,
Barry
  • #59
  • Jul 3, 2011 8:04am Jul 3, 2011 8:04am
Quoting Favorite

Yarara and Montana give us a signal: after the montana crosses the zero line Yarara changes the color and shows an arrow. We have two filters (the first filter - Montana's color; the second filter - where is the Yarara, for the long entry it must be below zero line, for the short entry it must be above zero line). Both filters are important, that's why we have to do something about resizing, zooming etc.
Hi,
I really can't see how the highlighted rule makes sense. The zero line is from the montana indicator and if the yarara arrow appears above or below the zero line provides no indication for it's own range or domain. I hope you understand what I'm saying. The next point is that when you put both indicators in one window the position of the yarara is dynamic what means that when you scroll back in history the yarara will change visually it's location. In conclusion when someone is posting a chart which shows a trade you can't see if the yarara was really above/below zero.
  • #60
  • Jul 3, 2011 8:12am Jul 3, 2011 8:12am
Quoting Favorite
It's good to know and I really appreciate you guys sharing.

And I understand that we have to look at the Price Action, Fibo, S/R - exactly like we have to look at all this with ANY system.

But the point is: right now our filter is Montana. Yarara is a very good indicator, but we can't use its signals without any filter, we can't just rely on Price Action only, we need a good filter instead of Montana (I'd say we need a better filter).

mgs1f mentioned that he's satisfied with AO but didn't explain the details.

So, until we get a better...
I played with Yarara indi some time ago. This indi repaint because it use different MAs with different TF.
0 traders viewing now